General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHave electricity rates gone down as a result of low fuel prices
We're paying 30% less for electricity
onecaliberal
(32,826 posts)In fact, we just learned that our rates are going to increase more starting next month.
elias49
(4,259 posts)Warpy
(111,245 posts)I know my own rates are at miser levels because I converted to CFLs when I moved in here and have energy star appliances. I couldn't tell if they'd gone down or not, they're already at rock bottom.
My heating bill is down, though. It was $36 for the month of December, and it was really cold here in NM. Usually it's around $60-$70.
(One thing I checked out before I moved out west was energy cost. NM has some of the cheapest)
LiberalArkie
(15,715 posts)Here we have coal and hydroelectric, so it is pretty constant, but we are on a coop so that is nice.
There is almost no connection between gasoline and electricity production. (Well, maybe if you are a freezing militiaman running a gasoline genset.)
malaise
(268,949 posts)We had a tax linked to fuel costs so we are reaping the benefits here in Jamaica.
dumbcat
(2,120 posts)I am aware of none. Some small scale generators and large scale backups may use diesel, but I am not aware of any utility scale power plants that run on gasoline.
But then, possibly I misunderstood your OP. If you are speaking of natural gas prices, then yes, electricity prices could very well go down. When you said "gas" in your OP (with no other adjective) I assumed you were speaking of gasoline prices. Maybe that was a wrong assumption.
malaise
(268,949 posts)because costs are down
dumbcat
(2,120 posts)and I think your answer then is "yes", but it varies with location.
bigwillq
(72,790 posts)And it really hasn't been that cold until this week in CT. The Jan bill is probably going to run $500-600 (all electric house).
PG&E prices in NoCal are sky high.